JOHANNESBURG, July 4, 2012 /CNW/ - Gold Fields Limited (Gold Fields)
(JSE, NYSE, NASDAQ Dubai: GFI) today announced that attributable Group
production for the June 2012 quarter (Q2 2012) is expected to be
862,000 gold equivalent ounces, which is similar to the production for
the corresponding quarter a year ago (Q2 2011: 872,000) and 4% higher
than the March 2012 quarter (Q1 2012: 827,000).
Total cash costs and notional cash expenditure (NCE) for the quarter are
expected to be approximately US$855/oz (R222,000/kg) and US$1,310/oz
(R340,000/kg) respectively. This is in line with the annual guidance
provided in February of US$860/oz (R220,000/kg) for cash cost and
US$1,300/oz (R335,000/kg) for operational NCE and anticipated capital
project expenditure of between US$40 per ounce and US$70 per ounce.
This guidance is based on exchange rates of ZAR/US$8.06 and A$/US$1.01
for Q2 2012.
Gold Fields will release full results for Q2 2012 on Thursday, 23 August
Notes to editors
About Gold Fields
Gold Fields is one of the world's largest unhedged producers of gold
with attributable annualised production of 3.5 million gold equivalent
ounces from eight operating mines in Australia, Ghana, Peru and South
Africa. Gold Fields also has an extensive and diverse global growth
pipeline with four major projects in resource development and
feasibility, with construction decisions expected in the next 18 to 24
months. Gold Fields has total attributable gold equivalent Mineral
Reserves of 80.6 million ounces and Mineral Resources of 217 million
ounces. Gold Fields is listed on the JSE Limited (primary listing), the
New York Stock Exchange (NYSE), NASDAQ Dubai Limited, Euronext in
Brussels (NYX) and the Swiss Exchange (SWX).